Tag Archives: stock market history

Much Further to Run in this Bull Market

The stock market is getting a little scary.  Having climbed the proverbial “wall of worry,” will it fall off the cliff of complacency?  The short answer is definitely yes — but probably not for a few years, if not longer. … Continue reading

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Regime Change: What the Bond / Gold Rout Means for Stocks

For well over a year I have been bullish on stocks, arguing it made little sense to own a bond yielding 2% instead of well-managed blue chip stocks yielding 2-5% with dividend growth of 5-12%. If all went well, I … Continue reading

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Stockman’s Scary Sundown – Five Lessons for Long-term Investors

If you want to know why, for most people, their house is a better investment than stocks, read David Stockman’s New York Times jeremiad “Sundown in America.”  It is alarming articles like this that convince investors to avoid buying stocks until … Continue reading

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Valuation Levitation?

For the past four years I have been asking: “Why do so many investors want to own a bond that pays 2% when they could own a basket of blue-chip stocks with a dividend yield of over 3% AND the … Continue reading

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Why You Need an Investment Advisor, Part II — The “Unthinkable” is Normal

Why is it so difficult to stay fully invested in stocks in a disciplined, rational manner, without participating in manias or selling at the bottom?  Because, even during bull markets, lengthy periods of stable, normal economic growth are actually extremely … Continue reading

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